Surprise...surprise...surprise! As Gomer Pyle used to say..
https://www.financierworldwide.com/f...s-in-25bn-deal
Private Equity Funds buying businesses they know nothing about....done on a house of cards.....what possibly could go wrong?
The big shareholders who scored big on the sale are probably laughing into their Latte's this morning.
Aaron Todd's words ring a bit hollow today.
“As a private company, Air Methods will have greater flexibility to execute our strategy and pursue long-term growth,” said Aaron Todd, chief executive of Air Methods. “We look forward to partnering with American Securities to strengthen our market position in air medical transportation and air tourism.”